TCW sues Gundlach for theft - UPDATED

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US - TCW has sued its former investment chief Jeffrey Gundlach for allegedly stealing proprietary information in order to form his own firm, DoubleLine Capital, and alleged Gundlach stored pornographic materials and drugs at work.

In its suit, filed yesterday at the Los Angeles Superior Court, TCW said Gundlach allegedly began laying the groundwork for his new firm in October via "wholesale theft of vast quantities of TCW pr...

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